Investment in realty to decline 30% globallyInvestment in realty to decline 30% globally
Apnaloan.com Research Bureau
11 Apr 2008
According to real estate consultancy Jones Lang LaSalle, investment in real estate is expected to come down by 30 per cent globally.
In its report titled 'Global Real Estate Capital', the global realty market was at eight per cent at $759 billion, in 2007.
The report predicts a fall in investment in real estate for the American and the European investment markets while the Asian market including India and China, may be more elastic, nowhere close to as high as in 2007.
Direct commercial real estate investment was $121 billion in 2007, up 27 per cent on 2006.